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REAL ESTATE

  • Mid-America signs several large leases across Great Lakes region

    Oakbrook Terrace, Ill. -- Mid-America Asset Management announced that among the new leases the firm has signed in July and August, there were several large transactions spread across Chicagoland, Southeast Wisconsin and Northwest Indiana.

    In Aurora, Ill., home furnishings retailer Premier Furniture Outlet leased 38,975 sq. ft. at Aurora Marketplace, opening in September 1. Anchors include Sports Authority and Hobby Lobby.  
     

  • Macy’s going smaller in Pittsburgh

    New York City -- Macy's is reducing the size of its store in downtown Pittsburgh from nine floors of retail space to six (plus a mezzanine).

    The company has been moving some departments to lower floors since early this year. The store will remain open during the renovations.

    "The store is being reconfigured for better flow among departments, making shopping easier and more convenient," the company said in a statement.

  • Jones Lang LaSalle to manage Century III Mall

    West Mifflin, Pa. -- Atlanta-based Jones Lang LaSalle announced that it was named as the property and leasing manager for Century III Mall, a 1.2 million-sq.-ft. regional shopping and retail center located in West Mifflin, Pa., near Pittsburgh.

    The mall houses more than 100 retail shops, anchored by Macy's, J.C. Penney, Sears and Dick's Sporting Goods.

  • Omega, Pandora among new retailers at Mall at Short Hills

    Short Hills, N.J. -- The Mall at Short Hills, in Short Hills, N.J., is now home to new retailers Omega and Pandora, which opened recently in the regional shopping center. Omega opened a flagship store near Nordstrom on the upper level, and jeweler Pandora opened on the lower level near Macy’s.

  • SRS Real Estate announces new hire

    Dallas -- SRS Real Estate Partners said it has hired Andrew Cornwell as a research analyst in the Austin/San Antonio office.

    Prior to this role, Cornwell was an intern for SRS where he focused on research while working closely with the investment sales team.

  • Hibbett to open nine stores in October

    Birmingham, Ala. -- Hibbett Sports announced plans to open nine stores in October.

    The locations are in Pine Bluff, Ark.; Louisville, Ky.; Ada and Grove, Okla.; Aiken, S.C.; Giddings and Nacogdoches, Texas; Grundy, Va.; and Hartford, Wis.
     

  • Simon Property Group recognized for climate disclosure

    Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.

  • Five Guys to open mall location in Queens

    Flushing, N.Y. -- Five Guys Burgers and Fries said Monday is has opened a new location at Sky View Center, located in Flushing, N.Y.

    The upscale fast-food chain has opened a 2,000-sq.-ft. location on level B of the 800,000-sq.-ft. regional mall, and is one of 200 new franchises opening in 2011 for the chain.

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